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PCS Edventures!.com (PCS Edventures!.com) Asset Turnover : 0.07 (As of Dec. 2023)


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What is PCS Edventures!.com Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PCS Edventures!.com's Revenue for the three months ended in Dec. 2023 was $0.46 Mil. PCS Edventures!.com's Total Assets for the quarter that ended in Dec. 2023 was $6.31 Mil. Therefore, PCS Edventures!.com's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. PCS Edventures!.com's annualized ROE % for the quarter that ended in Dec. 2023 was -30.26%. It is also linked to ROA % through Du Pont Formula. PCS Edventures!.com's annualized ROA % for the quarter that ended in Dec. 2023 was -26.24%.


PCS Edventures!.com Asset Turnover Historical Data

The historical data trend for PCS Edventures!.com's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PCS Edventures!.com Asset Turnover Chart

PCS Edventures!.com Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 4.77 2.68 3.37 3.14

PCS Edventures!.com Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Dec22 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.37 0.49 2.58 0.07

Competitive Comparison of PCS Edventures!.com's Asset Turnover

For the Education & Training Services subindustry, PCS Edventures!.com's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PCS Edventures!.com's Asset Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, PCS Edventures!.com's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PCS Edventures!.com's Asset Turnover falls into.



PCS Edventures!.com Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

PCS Edventures!.com's Asset Turnover for the fiscal year that ended in Mar. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2016 )/( (Total Assets (A: Mar. 2015 )+Total Assets (A: Mar. 2016 ))/ count )
=3.336/( (0.902+1.221)/ 2 )
=3.336/1.0615
=3.14

PCS Edventures!.com's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.459/( (0+6.31)/ 1 )
=0.459/6.31
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


PCS Edventures!.com  (OTCPK:PCSV) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

PCS Edventures!.com's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-1.656/5.472
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.656 / 1.836)*(1.836 / 6.31)*(6.31/ 5.472)
=Net Margin %*Asset Turnover*Equity Multiplier
=-90.2 %*0.291*1.1531
=ROA %*Equity Multiplier
=-26.24 %*1.1531
=-30.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

PCS Edventures!.com's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-1.656/6.31
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.656 / 1.836)*(1.836 / 6.31)
=Net Margin %*Asset Turnover
=-90.2 %*0.291
=-26.24 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


PCS Edventures!.com Asset Turnover Related Terms

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PCS Edventures!.com (PCS Edventures!.com) Business Description

Traded in Other Exchanges
N/A
Address
11915 W. Executive Drive, Suite 101, Boise, ID, USA, 83713
PCS Edventures!.com Inc develops and markets educational programs. It specializes in experiential, hands-on, K12 education and drone technology. The company's key products include science, technology, engineering, and math products, EdventuresLab products and services, and Thrust UAV. It serves an afterschool market, elementary classrooms, technical education, parents and home educators. The company also has a presence in Australia, India, Egypt, Saudi Arabia, Pakistan, and Mexico.
Executives
Paula Lupriore director 200 FLYNN ROAD, CAMARILLO CA 93012
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706